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Agnico Eagle Mines (AEM) Stock Forecast & Price Target

Agnico Eagle Mines logo
C$113.01 -0.32 (-0.28%)
(As of 12/24/2024 01:21 PM ET)

Agnico Eagle Mines - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
5

Based on 5 Wall Street analysts who have issued ratings for Agnico Eagle Mines in the last 12 months, the stock has a consensus rating of "Buy." Out of the 5 analysts, 4 have given a buy rating, and 1 has given a strong buy rating for AEM.

Consensus Price Target

C$116.00
2.65% Upside
According to the 5 analysts' twelve-month price targets for Agnico Eagle Mines, the average price target is C$116.00. The highest price target for AEM is C$144.00, while the lowest price target for AEM is C$62.00. The average price target represents a forecasted upside of 2.65% from the current price of C$113.01.
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AEM Analyst Ratings Over Time

TypeCurrent Forecast
12/27/23 to 12/26/24
1 Month Ago
11/27/23 to 11/26/24
3 Months Ago
9/28/23 to 9/27/24
1 Year Ago
12/27/22 to 12/27/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$116.00C$116.00C$105.14C$81.71
Forecasted Upside2.65% Upside-1.96% Downside-4.96% Downside10.39% Upside
Consensus Rating
Buy
Buy
Buy
Buy

AEM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AEM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Agnico Eagle Mines Stock vs. The Competition

TypeAgnico Eagle MinesBasic Materials Companies
Consensus Rating Score
3.20
2.76
Consensus RatingBuyModerate Buy
News Sentiment Rating
Positive News

See Recent AEM News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024National Bankshares
1 of 5 stars
 Boost TargetOutperformC$143.00 ➝ C$144.00+19.44%
10/21/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetC$114.00 ➝ C$140.00+16.33%
9/17/2024UBS Group
4 of 5 stars
D. Major
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UpgradeStrong-Buy
7/23/2024Canaccord Genuity Group
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 Boost TargetC$105.00 ➝ C$118.00+13.37%
7/11/2024Eight Capital
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 Boost TargetC$105.00 ➝ C$115.00+13.02%
6/24/2024Cormark
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 Boost TargetC$110.00 ➝ C$115.00+28.66%
4/12/2024Veritas Investment Research
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 Boost TargetC$88.40 ➝ C$118.00+38.94%
4/8/2024National Bank Financial
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M. Parkin
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Reiterated RatingOutperform Overweight
2/21/2024TD Securities
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 Lower TargetBuyC$62.00-5.72%
4/20/2023Raymond James
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 Boost TargetOutperformC$65.00 ➝ C$66.00-13.78%
2/17/2023Barclays
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Matt Murphy
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Initiated CoverageBuyC$62.00+1.19%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:53 AM ET.


Should I Buy Agnico Eagle Mines Stock? AEM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, December 18, 2024. Please send any questions or comments about these Agnico Eagle Mines pros and cons to contact@marketbeat.com.

Agnico Eagle Mines
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Agnico Eagle Mines Limited:

  • Agnico Eagle Mines Limited has recently reported strong quarterly earnings, with earnings per share of C$1.56, exceeding analysts' expectations of C$1.35. This indicates robust financial performance and potential for future growth.
  • The company has a market capitalization of C$54.19 billion, reflecting its significant size and stability in the gold mining sector, which can be attractive to investors seeking established companies.
  • Recent analyst upgrades, including a "strong-buy" rating from UBS Group and increased price targets from various analysts, suggest positive sentiment and potential for stock price appreciation.
  • The current stock price is C$108.15, which is near its 52-week high of C$123.86, indicating strong market interest and potential for further gains.
  • Agnico Eagle Mines Limited has a dividend yield of 1.35%, providing investors with a return on investment through regular dividend payments, despite a high payout ratio of 135.63% which indicates a commitment to returning value to shareholders.

Agnico Eagle Mines
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Agnico Eagle Mines Limited for these reasons:

  • The company has a high debt-to-equity ratio of 9.94, which may indicate financial risk and reliance on debt financing, potentially affecting its long-term stability.
  • Agnico Eagle Mines Limited's net margin of 8.49% is relatively low, suggesting that the company may face challenges in converting revenue into profit compared to its peers.
  • The dividend payout ratio of 135.63% raises concerns about sustainability, as it indicates that the company is paying out more in dividends than it is earning, which could lead to future cuts.
  • Despite recent positive earnings, the return on equity of 3.10% is low, indicating that the company is not generating significant returns on shareholders' investments.
  • The stock has experienced volatility, with a beta of 1.10, suggesting that it may be more sensitive to market fluctuations, which could pose risks for investors looking for stability.

AEM Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Agnico Eagle Mines is C$116.00, with a high forecast of C$144.00 and a low forecast of C$62.00.

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last year. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AEM shares.

According to analysts, Agnico Eagle Mines's stock has a predicted upside of 2.65% based on their 12-month stock forecasts.

Agnico Eagle Mines has been rated by research analysts at National Bankshares, and Stifel Nicolaus in the past 90 days.

Analysts like Agnico Eagle Mines more than other "basic materials" companies. The consensus rating for Agnico Eagle Mines is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how AEM compares to other companies.


This page (TSE:AEM) was last updated on 12/26/2024 by MarketBeat.com Staff
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